• South Korea: South Korean equities saw an inflow of $38m Friday, but a significant outflow of $1.182b over the past five trading days. The 5-day average outflow is $236m, compared to the 20-day average outflow of $136m and the 100-day average inflow of $88m. Year-to-date, South Korea has had substantial inflows totaling $16.799b.
  • Taiwan: Taiwan recorded an inflow of $522m Friday, despite an outflow of $2.211b over the past five trading days. The 5-day average outflow is $442m, compared to the 20-day average outflow of $753m and the 100-day average outflow of $200m. Year-to-date, Taiwan has experienced outflows totaling $11.470b.
  • India: Indian equities had an inflow of $62m Thursday, with a net outflow of $1.479b over the past five trading days. The 5-day average outflow is $296m, compared to the 20-day average inflow of $24m and the 100-day average outflow of $48m. Year-to-date, India has seen inflows totaling $2.436b (up to August 8th).
  • Indonesia: Indonesian equities recorded an inflow of $28m Friday, resulting in a net inflow of $70m over the past five trading days. The 5-day average outflow is $14m, which is lower than the 20-day average inflow of $15m and close to the 100-day average outflow of $10m. Year-to-date, Indonesia has had inflows totaling $138m.
  • Thailand: Thai equities saw an inflow of $1m Friday, leading to a net inflow of $12m over the past five trading days. The 5-day average inflow is $2m, in line with the 20-day average of $0m, but better than the 100-day average outflow of $24m. Year-to-date, Thailand has experienced outflows amounting to $3.324b.
  • Malaysia: Malaysian equities had an outflow of $30m Friday, resulting in a 5-day net outflow of $173m. The 5-day average outflow is $35m, which is worse than the 20-day average outflow of $3m and the 100-day average outflow of $1m. Year-to-date, Malaysia has experienced outflows totaling $39m.
  • Philippines: The Philippines recorded an inflow of $2m Friday, but a net outflow of $29m over the past five trading days. The 5-day average outflow is $6m, compared to the 20-day average inflow of $1m and the 100-day average outflow of $8m. Year-to-date, the Philippines has seen outflows totaling $500m.
Table 1: EM Asia Equity Flows
Yesterday Past 5 Trading Days 2024 To Date
South Korea (USDmn) 38 -1182 16799
Taiwan (USDmn) 522 -2211 -11470
India (USDmn)* 62 -1479 2436
Indonesia (USDmn) 28 70 138
Thailand (USDmn) 1 12 -3324
Malaysia (USDmn) -30 -173 -39
Philippines (USDmn) 2 -29 -500
Total 624 -4993 4040
* Up to 8th August

ASIA STOCKS: Equity Flows Muted After Volatile Week

Last updated at:Aug-11 23:43By: Sam Hunter
  • South Korea: South Korean equities saw an inflow of $38m Friday, but a significant outflow of $1.182b over the past five trading days. The 5-day average outflow is $236m, compared to the 20-day average outflow of $136m and the 100-day average inflow of $88m. Year-to-date, South Korea has had substantial inflows totaling $16.799b.
  • Taiwan: Taiwan recorded an inflow of $522m Friday, despite an outflow of $2.211b over the past five trading days. The 5-day average outflow is $442m, compared to the 20-day average outflow of $753m and the 100-day average outflow of $200m. Year-to-date, Taiwan has experienced outflows totaling $11.470b.
  • India: Indian equities had an inflow of $62m Thursday, with a net outflow of $1.479b over the past five trading days. The 5-day average outflow is $296m, compared to the 20-day average inflow of $24m and the 100-day average outflow of $48m. Year-to-date, India has seen inflows totaling $2.436b (up to August 8th).
  • Indonesia: Indonesian equities recorded an inflow of $28m Friday, resulting in a net inflow of $70m over the past five trading days. The 5-day average outflow is $14m, which is lower than the 20-day average inflow of $15m and close to the 100-day average outflow of $10m. Year-to-date, Indonesia has had inflows totaling $138m.
  • Thailand: Thai equities saw an inflow of $1m Friday, leading to a net inflow of $12m over the past five trading days. The 5-day average inflow is $2m, in line with the 20-day average of $0m, but better than the 100-day average outflow of $24m. Year-to-date, Thailand has experienced outflows amounting to $3.324b.
  • Malaysia: Malaysian equities had an outflow of $30m Friday, resulting in a 5-day net outflow of $173m. The 5-day average outflow is $35m, which is worse than the 20-day average outflow of $3m and the 100-day average outflow of $1m. Year-to-date, Malaysia has experienced outflows totaling $39m.
  • Philippines: The Philippines recorded an inflow of $2m Friday, but a net outflow of $29m over the past five trading days. The 5-day average outflow is $6m, compared to the 20-day average inflow of $1m and the 100-day average outflow of $8m. Year-to-date, the Philippines has seen outflows totaling $500m.
Table 1: EM Asia Equity Flows
Yesterday Past 5 Trading Days 2024 To Date
South Korea (USDmn) 38 -1182 16799
Taiwan (USDmn) 522 -2211 -11470
India (USDmn)* 62 -1479 2436
Indonesia (USDmn) 28 70 138
Thailand (USDmn) 1 12 -3324
Malaysia (USDmn) -30 -173 -39
Philippines (USDmn) 2 -29 -500
Total 624 -4993 4040
* Up to 8th August